75946 results returned for search: "" category "Business"
Hurricane Sandy, now the largest hurricane ever recorded in the Atlantic, has the potential to become one of the most expensive as well — causing some of the largest losses the global insurance industry has faced this year.
The catastrophe modelling ...
DATE: Oct 30, 2012
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CATEGORY:
Reinsurance
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Representatives from America’s insurers and their Bermuda reinsurers are on the US West Coast this week, watching the advance up the East Coast of the killer storm, Sandy.
They are in Dana Point, California for the Annual Meeting of the Property Casu...
DATE: Oct 30, 2012
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CATEGORY:
Reinsurance
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Bermuda will be home to the Caribbean regional office of the World Information Technology and Services Alliance (WITSA).
At WITSA’s general assembly last week, the Business Technology Division (BTD) of the Bermuda Chamber of Commerce was formally ann...
DATE: Oct 30, 2012
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CATEGORY:
Technology
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Aon plc’s quarterly profit beat analysts’ estimates as investments aimed at increasing margins at its human resources services business helped boost profit.
The company’s third-quarter earnings rose three percent as the insurance brokerage benefited ...
DATE: Oct 30, 2012
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CATEGORY:
Reinsurance
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A local businessman says he has the answer to Bermuda’s tourism financing crisis: condo hotels.
Owner of Bistro at the Beach and Red restaurants, Rick Olson, said he has bought and sold condos at the luxury Gansevoort Wymara resort in the Turks and C...
DATE: Oct 30, 2012
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CATEGORY:
International Business
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More than a quarter of companies outsourced their information technology needs in 2011, according to government data released today.
The Information and Communication Technology (ICT) Report 2011 shows that output and employment fell in the group of ...
DATE: Oct 30, 2012
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CATEGORY:
Technology
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250,000 Bank of Butterfield shares traded on the Bermuda Stock Exchange (BSX) yesterday, closing unchanged at $1.23.
KeyTech shares ended the day up 4.3 percent to close at $6.00 with 100 shares trading.
Overall, the BSX closed up 3.10 points or 0.2...
DATE: Oct 30, 2012
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CATEGORY:
Bermuda Stock Exchange
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Flagstone Reinsurance Holdings reported a net loss of $1.3 million for the third quarter just ahead of its proposed merger with Bermuda-based Validus.
The third quarter net loss compared to a net loss of $59.5 million or $0.85 loss per diluted share ...
DATE: Oct 30, 2012
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CATEGORY:
Reinsurance
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Bermuda’s Ministry of Finance has signed two more Tax Information Exchange Agreements (TIEA) — one in South America, the other with one of the Island’s offshore business rivals.
Bermuda signed agreements with the Republic of Brazil and the Republic ...
DATE: Oct 30, 2012
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CATEGORY:
International Business
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After the third consecutive quarter of “excellent” earnings this year, Validus can’t find much to complain about, says chairman and CEO Ed Noonan.
In an interview with The Royal Gazette on Friday after the company’s third-quarter earnings call, Mr No...
DATE: Oct 29, 2012
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CATEGORY:
Reinsurance
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